Uranium Mining News

Mining salaries ranked for geologists, metallurgists and the C-suite

Two-thirds of miners increase head count in '17

BHP tightens belt, targets $1.6bn in cost-cutting at Australian operations

The world’s No.1 miner is targeting as much as $1.6 billion in productivity gains at its iron ore, copper and coal units in the country over the next two years.

Investors force Rio Tinto to ditch plans to have Mick Davis as chairman

Decision comes in the wake of a full-scale investor revolt led by the Investor Forum, a London-based body representing some of the world’s biggest money managers.

Why the commodity supercycle is favoring investors right now

Precious, base and energy metals are all benefiting from the commodity supercycle, says Louis James, editor of International Speculator

Legal kerfuffle in Spain around uranium mine environmental assessment

Spain's National Audience dismissed a series of allegations presented by Berkeley Energia against a legal action filed by a group of environmentalists who oppose the company's uranium project.

Six years after Fukushima, robots finally find reactors’ melted uranium fuel

After three days of carefully navigating through a shattered reactor building, the Manbo finally reached the heavily damaged Unit 3 reactor.

Number of active mining projects by province ranked

Ontario is number one.

BHP to exit shale within two years, sell nickel assets

“We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.

Zonte Metals acquires iron oxide copper gold project

According to the company's CEO, exploration is expected to start shortly in the form a ground magnetic survey over portions of the project.

GoviEx Uranium granted the Agaliouk exploration permit in Niger

New permit is adjacent to the company's Madaouela Project and increases its total measured and indicated resources by approx 12% to 110.76 million pounds.

Texas uranium deposits could meet US nuclear energy demand for almost a year

But low prices for the radioactive commodity remain a challenge, the latest report by the US Geological Survey (USGS) shows.

Former Xstrata CEO Mick Davis may become Rio Tinto new chairman

The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.

French energy company’s shares sink on falling demand and nuclear outages

EDF has been experiencing delays in restarting some of its nuclear reactors.

Mayor organizes massive protest against Berkeley's uranium mine in Spain

The leader of the Villavieja de Yeltes municipality is planning to rent buses so that people can attend the rally.

BHP needs 120 new workers at its Olympic Dam in Australia

The mining giant will add those jobs during the next 12 months.

Weak uranium prices force Cameco to halt two operations in Canada

Company will suspend operations at the McArthur River and Key Lake at the end of January for at least 10 months.

Canadian junior miners worth jumps for second year in a row

Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole.

Uranium superstar goes all-in on impending nickel crunch

Mike Beck gives a provides a detailed analysis on lithium, uranium, and nickel.

Top paid positions at Canadian mines

General managers average $212,790 per year at Canadian mines

Cameco posts unexpected third-quarter loss, trims production outlook

Cameco said its most immediate goal was to remain competitive and in a position to be among the first to respond when the market calls for more uranium.

Anglogold Ashanti to raise $307 million with South African mine sales

It will sell its newest mine to Harmony Gold for $300 million and another mine for 100 million rand ($7.4 million) to China's Heaven-Sent SA Sunshine Investment Company.

Uranium explorer adds mineralization to ‘world-class project’

NexGen Energy Ltd. reported radioactivity results for 22 holes of the on-going summer drilling program on their Rook I property in Athabasca Basin, Sask.

Clean mining project shortlisted for $950 million Canadian gov’t funding

The CLEER (Clean, Low-energy, Effective, Engaged and Remediated) project focuses on water use, energy intensity and environmental footprint, with aggressive targets of a 50% reduction in each area by 2027.

France's Areva to cut Niger uranium production on price drop

Decision is in response to falling uranium prices, a local union leader said.

Argentinian senator expresses opposition to Canadian miner's uranium exploration

Magdalena Odarda says Blue Sky Uranium's exploration is taking place at sites of paleontological significance.